Circle of Competence

• Disclosure & Other (17)
  • Jeff: Travis, I get e-mails when people post comments, so I saw that. I don’t follow PRS closely anymore...
  • Travis: Hi Jeff, I’m not sure if you still check this, but I’m hoping this will catch the attention of...
  • Anonymous: Does anyone know where I might find a step-by-step guide to common stock valuation? I have found some of...
  • Student Investor: I just started blogging about my path towards becoming a value investor....
  • Ryan: Hi Jeff, I read your report on PRXI. I would be interested on how you determine maintenance capital...
• Street Yells Sell! As Lampert Buys Back 4% of Sears (8)
  • Mark: I think value investors seriously have to question these funnymentals
  • Mark: I’m glad I didn’t buy SHLD after this post. What is it going to take for the Sears bandwagon crowd...

• Biglari
• Books
• Buffett
• Capital Allocation
• Circle of Competence
• Eddie Lampert
• Einhorn
• Festival of Stocks
• Intelligent Investing
• Interview
• Jim Rogers
• Klarman
• Lehman
• Mental Models
• Mergers
• Mohnish Pabrai
• Munger
• Primus
• Reflections
• Sears
• spinoffs
• Stock Analysis
• Tongue-in-Cheek
• Uncategorized
• Valueplays

• Lehman: A Reader Responds
• The Checklist
• Biglari Takes on More Responsibility
• Changes afoot as I begin Complete Growth
• Another Attack on Eddie
• Notes from the 2008 Western Sizzlin’ Annual Meeting
• Jaclyn, Inc.: Success
• Number Check on Sears
• Concentrated Risk: Pabrai and Pinnacle Airlines
• A Flurry of Appearances for Bruce Berkowitz

Steak N Shake Biglari Western Sizzlin' Sears Lampert Stock Analysis Buffett heuristics Lehman Philanthropy noisefreeinvesting Klarman Gates Carlos Slim Interview Intelligent Investing valuation Fairholme checklists Munger pabrai pinnacle concentration academics efficient markets Reflections commodities Time Warner Berkowitz twc Primus Short sellers Annual Meeting El-Erian